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Levi Strauss Shares Jump On Q2 Earnings, Revenue Beat, Raised Outlook - Levi Strauss (NYSE:LEVI)

SAN FRANCISCO COUNTY, CALIFORNIA, JUL 10 – Levi Strauss raised its full-year earnings guidance to $1.25-$1.30 per share while absorbing tariff costs on overseas manufacturing, with revenue up 6%, company reports show.

  • Levi Strauss reported strong second-quarter earnings on Thursday, with revenue rising 6% to $1.45 billion and shares jumping about 6%.
  • The company revised its outlook for full-year revenue, now anticipating an increase of 1% to 2%, a reversal from an earlier expectation of a 1% to 2% decrease caused by tariff-related challenges.
  • Levi's CEO Michelle Gass emphasized strong business fundamentals and pricing power, while sourcing from 28 countries mitigates tariff impacts amid fluid trade policies.
  • In Europe, net revenue rose by 14%, while direct-to-consumer sales grew by 11%. For fiscal 2025, Levi's projects its adjusted earnings per share will fall between $1.25 and $1.30.
  • Despite anticipating up to a $30 million profit hit from tariffs this year, Levi Strauss enters the second half of 2025 positioned for growth and strategic transformation.
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reporter.am broke the news in on Thursday, July 10, 2025.
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